Civic Intelligence

Southeast Industrial Development Association Inc.

990 • Fiscal year 2020 • EIN 62-1410505

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 22, 2021

Organization ProfileWWW.SEIDA.INFO
PO Box 4757Chattanooga, TN 37405

(423) 424-4240

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

38th percentile

$4,000

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

43rd percentile

3.2%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

4.6%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,318,688

Up $41,399 (+3.2%) from 2019

Net Assets

Up

$1,318,688

Up $100,092 (+8.2%) from 2019

Liabilities

Down

$0

Down $58,693 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin74th percentile

Revenue

Up

$482,193

Up $21,335 (+4.6%) from 2019

Expenses

Down

$382,101

Down $175,551 (-31%) from 2019

Net Income

Up

$100,092

Up $196,886 (+203%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,428,221Liabilities 2011: $85,432Net Assets 2011: $1,342,7892011Assets 2012: $1,376,541Liabilities 2012: $1,403Net Assets 2012: $1,375,1382012Assets 2013: $1,521,477Liabilities 2013: $0Net Assets 2013: $1,521,4772013Assets 2014: $1,628,288Liabilities 2014: $140Net Assets 2014: $1,628,1482014Assets 2015: $1,532,936Liabilities 2015: $0Net Assets 2015: $1,532,9362015Assets 2016: $1,482,872Liabilities 2016: $18,993Net Assets 2016: $1,463,8792016Assets 2017: $1,451,324Liabilities 2017: $5,631Net Assets 2017: $1,445,6932017Assets 2018: $1,328,382Liabilities 2018: $12,992Net Assets 2018: $1,315,3902018Assets 2019: $1,277,289Liabilities 2019: $58,693Net Assets 2019: $1,218,5962019Assets 2020: $1,318,688Liabilities 2020: $0Net Assets 2020: $1,318,6882020Assets 2021: $1,292,925Liabilities 2021: $58Net Assets 2021: $1,292,8672021Assets 2022: $1,340,034Liabilities 2022: $0Net Assets 2022: $1,340,0342022Assets 2023: $1,481,216Liabilities 2023: $0Net Assets 2023: $1,481,2162023Assets 2024: $1,610,679Liabilities 2024: $561Net Assets 2024: $1,610,1182024

Highlighted filing

2020

Assets$1,318,688
Liabilities$0
Net Assets$1,318,688
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $472,405Expenses 2011: $383,248Net Income 2011: $89,1572011Revenue 2012: $455,080Expenses 2012: $422,731Net Income 2012: $32,3492012Revenue 2013: $458,324Expenses 2013: $311,985Net Income 2013: $146,3392013Revenue 2014: $459,537Expenses 2014: $352,866Net Income 2014: $106,6712014Revenue 2015: $456,871Expenses 2015: $552,083Net Income 2015: -$95,2122015Revenue 2016: $456,206Expenses 2016: $525,263Net Income 2016: -$69,0572016Revenue 2017: $456,001Expenses 2017: $474,187Net Income 2017: -$18,1862017Revenue 2018: $457,444Expenses 2018: $587,747Net Income 2018: -$130,3032018Revenue 2019: $460,858Expenses 2019: $557,652Net Income 2019: -$96,7942019Revenue 2020: $482,193Expenses 2020: $382,101Net Income 2020: $100,0922020Revenue 2021: $458,435Expenses 2021: $484,256Net Income 2021: -$25,8212021Revenue 2022: $484,969Expenses 2022: $437,802Net Income 2022: $47,1672022Revenue 2023: $526,948Expenses 2023: $385,766Net Income 2023: $141,1822023Revenue 2024: $588,490Expenses 2024: $459,588Net Income 2024: $128,9022024

Highlighted filing

2020

Revenue$482,193
Expenses$382,101
Net Income$100,092
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 22, 2021
Return Version
2020v4.1
Gross Receipts
$482,193
Mission and Program Overview

Mission

Public welfare/create jobs

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,276,039$1,318,688▲ $42,649
Prepaid Expenses and Deferred Charges$1,250--
Total Assets$1,277,289$1,318,688▲ $41,399
Liabilities
Deferred Revenue$56,458--
Accounts Payable and Accrued Expenses$2,235--
Total Liabilities$58,693$0▼ $58,693
Net Assets / Fund Balance
Net Assets With Donor Restrictions$990,349$1,123,325▲ $132,976
Net Assets Without Donor Restrictions$228,247$195,363▼ $32,884
Total Net Assets Fund Balance$1,218,596$1,318,688▲ $100,092
Total Liabilities and Net Assets / Fund Balance$1,277,289$1,318,688▲ $41,399
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleBaseTotal
Beth JonesExecutive Director/advisor$4,000$4,000

Board Members and Trustees

NameTitle
Mike PartinChairman
Stacy ChastainVice Chairman
David WadeDirector
Eric NewberryDirector
Erik BrinkeDirector
Harold MasengilDirector
Kathryn WestDirector
Larry KerneaDirector
Michael HaneyDirector
Scott CooperDirector
Steve CliftDirector
Tim HendersonSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Southeast Tennessee Development DistrictManagement And Administrative Services1000 RIVERFRONT PARKWAY, Chattanooga, TN 37402$240,000
Revenue and Support

Revenue Composition

Contributions and Grants
$475,840
Program Service Revenue
$0
Investment Income
$6,353
Other Revenue
$0
All Other Contributions
$25,000
Change in Net Assets
$100,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$482,193
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$482,193
Total Revenue per Form 990
$482,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$328,283
Salaries, Compensation, and Employee Benefits$4,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$266,000-$266,000
Advertising-$52,223-$52,223
Benefits to Members$49,818--$49,818
Fees for Services Accounting-$7,800-$7,800
Current Officers, Directors, Trustees, and Key Employees-$4,000-$4,000
Information Technology-$2,260-$2,260
Total Functional Expenses$49,818$332,283$0$382,101

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$382,101
Total Expenses per Audited Statements$382,101
Total Expenses per Form 990$382,101
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Southeast tennessee development district (stdd) is the agent for directing and conducting southeast industrial development association, inc.'s programs and activities. Stdd is paid $20,000 per month by southeast industrial development association, inc. (there was an additional $30,000 paid to employees of stdd during 2020.)”

Form 990, Part VI, Section B, Line 11B

“Form 990 was made available to full board at regularly scheduled meeting.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available to the general public by request, either in person or in writing. Financial statements are also available on the website.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Mike partin - p.o. Box 31, south pittsburg, tn 37380. Stacy chastain - p.o. Box 68, mccaysville, ga 30555. Tim henderson - p.o. Box 2730, cleveland, tn 37320. Larry kernea - p.o. Box 1009, murphy, nc 28906. Michael haney - p.o. Box 69, chickamauga, tn 30707. David wade - p.o. Box 182255, chattanooga, tn 37422. Harold masengil - p.o. Box 927, etowah, tn 37331. Kathryn west - p.o. Box 1407, dalton, ga 30720. Scott cooper - 1101 market st, br 5n, chattanooga, tn 37402. Erik brinke - p.o. Box 9, young harris, ga 30582. Steve clift - p.o. Box 226, dayton, tn 37321. Eric newberry - p.o. Box 689, athens, tn 37371.”

Filing and Contact Details

Filer

Filer Name
Southeast Industrial Development
EIN
62-1410505
Phone
4234244240
Address
PO BOX 4757, CHATTANOOGA, TN 37405

Signing Officer

Name
Mike Partin
Title
Chairman
Phone
4234244240
Signed
2021-03-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Partin
Formed
1989
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 W MLK BLVD STE 1100, CHATTANOOGA, TN 37402-1239
Preparer
Christian Bennett
Phone
4237566133
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“Process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“Seida accounts for income taxes in accordance with income tax accounting guidance in asc topic 740. Seida follows the statutory requirements for its income tax accounting and generally avoids risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelated to seida's non-taxable status would not have a material effect on seida's financial statements.”

Raw XML AppendixShowing 400 of 444 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02235
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PUBLIC WELFARE/CREATE JOBS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt052223
IRS990/AdvertisingGrp/TotalAmt052223
IRS990/AllOtherContributionsAmt025000
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt049818
IRS990/BenefitsToMembersGrp/TotalAmt049818
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOLLY ABRAHAM
IRS990/BooksInCareOfDetail/PhoneNum04234244230
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01000 RIVERFRONT PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHATTANOOGA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037405
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt04000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0240000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01000 RIVERFRONT PARKWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHATTANOOGA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd037402
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SOUTHEAST TENNESSEE DEVELOPMENT DISTRICT
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT AND ADMINISTRATIVE SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt049818
IRS990/CYContributionsGrantsAmt0475840
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06353
IRS990/CYOtherExpensesAmt0328283
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0100092
IRS990/CYSalariesCompEmpBnftPaidAmt04000
IRS990/CYTotalExpensesAmt0382101
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0482193
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt056458
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0ALL PROGRAM EXPENSES ARE FOR INDUSTRIAL RECRUITING TO ATTRACT MORE JOBS TO THE CHATTANOOGA, TN AREA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0990349
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01123325
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt049818
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07800
IRS990/FeesForServicesAccountingGrp/TotalAmt07800
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0266000
IRS990/FeesForServicesManagementGrp/TotalAmt0266000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE PARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm1STACY CHASTAIN
IRS990/Form990PartVIISectionAGrp/PersonNm2TIM HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3LARRY KERNEA
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL HANEY
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID WADE
IRS990/Form990PartVIISectionAGrp/PersonNm6HAROLD MASENGIL
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHRYN WEST
IRS990/Form990PartVIISectionAGrp/PersonNm8SCOTT COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIK BRINKE
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVE CLIFT
IRS990/Form990PartVIISectionAGrp/PersonNm11ERIC NEWBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm12BETH JONES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt124000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR/ADVISOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt0482193
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02260
IRS990/InformationTechnologyGrp/TotalAmt02260
IRS990/InvestmentIncomeGrp/ExclusionAmt06353
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06353
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0450840
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PUBLIC WELFARE/CREATE JOBS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01218596
IRS990/NetAssetsOrFundBalancesEOYAmt01318688
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0228247
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0195363
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01250
IRS990/PrincipalOfficerNm0MIKE PARTIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0196734
IRS990/PYContributionsGrantsAmt0450840
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010018
IRS990/PYOtherExpensesAmt0355918
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-96794
IRS990/PYSalariesCompEmpBnftPaidAmt05000
IRS990/PYTotalExpensesAmt0557652
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0460858
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0100092
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01276039
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01318688
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0475840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0450840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0450840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0450840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0450840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02279200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06353
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06604
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05366
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt033502
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06604
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05366
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt033502
IRS990ScheduleA/InvestmentIncomeCYPct00.01450
IRS990ScheduleA/InvestmentIncomePYPct00.01450
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98550
IRS990ScheduleA/PublicSupportPY509Pct00.98550
IRS990ScheduleA/PublicSupportTotal509Amt02279200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0475840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0450840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0450840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0450840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0450840
IRS990ScheduleA/Total509Grp/TotalAmt02279200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0482193
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0460858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0457444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0456001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0456206
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02312702
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0382101
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0482193
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SEIDA ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN ASC TOPIC 740. SEIDA FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO SEIDA'S NON-TAXABLE STATUS WOULD NOT HAVE A MATERIAL EFFECT ON SEIDA'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0382101
IRS990ScheduleD/TotalRevenuePerForm990Amt0482193
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0482193
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0382101
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0PUBLIC WELFARE/CREATE JOBS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt1PUBLIC WELFARE/CREATE JOBS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt2PUBLIC WELFARE/CREATE JOBS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt3PUBLIC WELFARE/CREATE JOBS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt4PUBLIC WELFARE/CREATE JOBS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0NORTH GEORGIA EMC
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1BLUE RIDGE MOUNTAIN EMC
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt2TRI-STATE EMC
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt3SEQUACHEE VALLEY ELECTRIC COOPERATIVE
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt4ETOWAH UTILITIES DEPARTMENT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt024808
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt110622
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt2500
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt312138
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt41750
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0MEMBER OF ORGANIZATION & BOARD REPRESENTATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt1MEMBER OF ORGANIZATION & BOARD REPRESENTATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt2MEMBER OF ORGANIZATION & BOARD REPRESENTATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt3MEMBER OF ORGANIZATION & BOARD REPRESENTATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt4MEMBER OF ORGANIZATION & BOARD REPRESENTATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0CASH
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt1CASH
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt2CASH
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt3CASH
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt4CASH
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOUTHEAST TENNESSEE DEVELOPMENT DISTRICT (STDD) IS THE AGENT FOR DIRECTING AND CONDUCTING SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION, INC.'S PROGRAMS AND ACTIVITIES. STDD IS PAID $20,000 PER MONTH BY SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION, INC. (THERE WAS AN ADDITIONAL $30,000 PAID TO EMPLOYEES OF STDD DURING 2020.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS MADE AVAILABLE TO FULL BOARD AT REGULARLY SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC BY REQUEST, EITHER IN PERSON OR IN WRITING. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MIKE PARTIN - P.O. BOX 31, SOUTH PITTSBURG, TN 37380. STACY CHASTAIN - P.O. BOX 68, MCCAYSVILLE, GA 30555. TIM HENDERSON - P.O. BOX 2730, CLEVELAND, TN 37320. LARRY KERNEA - P.O. BOX 1009, MURPHY, NC 28906. MICHAEL HANEY - P.O. BOX 69, CHICKAMAUGA, TN 30707. DAVID WADE - P.O. BOX 182255, CHATTANOOGA, TN 37422. HAROLD MASENGIL - P.O. BOX 927, ETOWAH, TN 37331. KATHRYN WEST - P.O. BOX 1407, DALTON, GA 30720. SCOTT COOPER - 1101 MARKET ST, BR 5N, CHATTANOOGA, TN 37402. ERIK BRINKE - P.O. BOX 9, YOUNG HARRIS, GA 30582. STEVE CLIFT - P.O. BOX 226, DAYTON, TN 37321. ERIC NEWBERRY - P.O. BOX 689, ATHENS, TN 37371.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01277289
IRS990/TotalAssetsEOYAmt01318688
IRS990/TotalAssetsGrp/BOYAmt01277289
IRS990/TotalAssetsGrp/EOYAmt01318688
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0475840
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0332283
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt049818
IRS990/TotalFunctionalExpensesGrp/TotalAmt0382101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt058693
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt058693
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01218596
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01318688
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt049818
IRS990/TotalReportableCompFromOrgAmt04000
IRS990/TotalRevenueGrp/ExclusionAmt06353
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0482193
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01277289
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01318688
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,318,688
Liabilities
$0
Net assets
$1,318,688
Revenue
$482,193
Expenses
$382,101
Net income
$100,092
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.00$1.61$0.59$0.46$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.00$1.48$0.53$0.39$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$0.48$0.44$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.00$1.29$0.46$0.48$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.48$0.38$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.06$1.22$0.46$0.56$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.01$1.32$0.46$0.59$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.01$1.45$0.46$0.47$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.02$1.46$0.46$0.53$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.46$0.55$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.46$0.35$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.46$0.31$0.15
2012Summary only. Only limited summary data is available for this year.$1.38$0.00$1.38$0.46$0.42$0.03
2011Summary only. Only limited summary data is available for this year.$1.43$0.09$1.34$0.47$0.38$0.09